I figured I’d do something a little different here since I had some free time during the day. I'd like to give everyone a peek into my thought process on some of the stocks I’m trading. One of my favorite setups to play is a parabolic bounce where the stock has been beaten down a lot over a period of several days and then has a strong bounce which you can hold for a couple days as the early shorts take their profits from way above.
My most recent parabolic bounce trade was in REN. It’s actually a relatively …